Goldman Sachs Upgrades ON Semiconductor Corp. (ON)’s stock to Buy with no specific Price Target. This rating was issued on 1/04/17. The stock recently closed its previous session at $15.08 by showing a percentage change of 1.96% from its previous day closing price of $14.79.
Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.
Several investment firms issued their expert ratings on ON Semiconductor Corp. (ON) in which Loop Capital Initiates Coverage On ON Semiconductor Corp. (ON) to Buy by settling a price target of $16 on 12/13/16. Goldman Sachs Reinstates the stock to Neutral on 10/26/16 with no specific Price Target. Stephens & Co. Upgrades the company’s stock to Overweight on 10/03/16 with no specific Price Target. KeyBanc Maintains ON Semiconductor Corp. (ON) to Overweight with a price target of $16.
ON Semiconductor Corp. (ON) currently has a consensus Price Target of $18. While some analysts have a High Price target for the stock of $22 and a Low Price Target of $15.
Several sell side analysts reviewed their recommendations on ON Semiconductor Corp. (ON) where 5 analyst have rated the stock as Strong Buy, 13 analysts said it’s a Buy, 3 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)
Zacks Investment Research also rated the stock with a value of 1.57. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.
In the last Quarter, ON Semiconductor Corp. (ON) reported its Actual EPS of $0.29/share. The analysts offering Earnings Estimates for the company were believing that ON Semiconductor Corp. (ON) could bring EPS of $0.23/share. The difference between Actual EPS and Estimated EPS was 0.06 Percent. Thus the company showed an Earnings Surprise of 26.1 Percent.
ON Semiconductor Corp. (ON) has a market capitalization of 6.33 Billion. The stock traded with the volume of 4.32 Million shares in the last trading session. The stock touched its high share price of $16.06 on Feb 22, 2017 and the stock also touched its Lowest price in the last 52-weeks of trading on Jul 6, 2016 as $8.11. The company has a 1 Year high price target of $18. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -0.43%. The Moving Average SMA50 is 1.24% while SMA200 is 24.09%.
ON Semiconductor Corp. (ON) is currently showing its ROA (Return on Assets) of 3.1%. The Return on Investment (ROI) is at 5.9% while it’s Return on Equity (ROE) value stands at 10.5%. The stock currently shows its YTD (Year to Date) performance of 18.18 percent while its Weekly performance value is -2.2%. The Monthly and Yearly performances are 0.33 percent and 58.4 percent respectively. The Relative Volume value measured for ON Semiconductor Corp. (ON) is 0.67. The Average Volume (3 months) is 6.45 Million.
The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. ON has P/E (Price to Earnings ttm) value of 35.07, Forward P/E of 10.38, P/C (Price to cash per share) of 0 and Price to Free Cash Flow (P/FCF) value of 17. The stock is showing its Operating Margin of 8.2 percent.
Company Profile
ON SEMICON CORP. is a supplier of broadband and power management integrated circuits and standard semiconductors used in numerous advanced devices ranging from high-speed fiber optic networking equipment to the precise power management functions found in portable electronics. Their products provide clock management and data flow management for precision computing and communications systems, and power management for distributing and monitoring the supply of power to the different elements within virtually every electronic device.